Pub Date : 2023-11-28DOI: 10.1177/14761270231218094
P. Jarzabkowski, R. Bednarek, Konstantinos Chalkias, Eugenia Cacciatori, Mustafa Kavas, Elisabeth Krull, Rhianna Gallagher-Rodgers
The grand challenges society faces compel strategy and organization scholars to engage meaningfully with practice and contribute towards solution development. As global complexities escalate, the importance of addressing these challenges intensifies. While the notion of ‘impact’ in organization theory remains elusive, a recent surge in scholarly work highlights the tensions and challenges associated with conducting impact-driven research. In this essay, we reflect on our 15-year program of research into financial responses to disasters, illustrating the process of doing impact through activities of ‘translating, ‘co-creating’, and ‘performing’. We show how these activities fostered the emergence of new research questions, new collaborations, and novel impacts. Based on our journey, we generate four reflexive insights. Firstly, translating, co-creating, and performing are an iterative, rather than sequential, process in which these activities partly overlap and build cumulatively on each other. Secondly, a flexible yet robust impact object is crucial. Thirdly, while co-creation is indispensable, it is also, often, contentious. Lastly, impactful research necessitates humility, courage, and persistence.
{"title":"EXPRESS: Translating, co-creating, and performing: Reflections on a 15-year journey for impact into the grand challenge of disaster insurance","authors":"P. Jarzabkowski, R. Bednarek, Konstantinos Chalkias, Eugenia Cacciatori, Mustafa Kavas, Elisabeth Krull, Rhianna Gallagher-Rodgers","doi":"10.1177/14761270231218094","DOIUrl":"https://doi.org/10.1177/14761270231218094","url":null,"abstract":"The grand challenges society faces compel strategy and organization scholars to engage meaningfully with practice and contribute towards solution development. As global complexities escalate, the importance of addressing these challenges intensifies. While the notion of ‘impact’ in organization theory remains elusive, a recent surge in scholarly work highlights the tensions and challenges associated with conducting impact-driven research. In this essay, we reflect on our 15-year program of research into financial responses to disasters, illustrating the process of doing impact through activities of ‘translating, ‘co-creating’, and ‘performing’. We show how these activities fostered the emergence of new research questions, new collaborations, and novel impacts. Based on our journey, we generate four reflexive insights. Firstly, translating, co-creating, and performing are an iterative, rather than sequential, process in which these activities partly overlap and build cumulatively on each other. Secondly, a flexible yet robust impact object is crucial. Thirdly, while co-creation is indispensable, it is also, often, contentious. Lastly, impactful research necessitates humility, courage, and persistence.","PeriodicalId":22087,"journal":{"name":"Strategic Organization","volume":null,"pages":null},"PeriodicalIF":4.9,"publicationDate":"2023-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139226441","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-14DOI: 10.1177/14761270231215685
Kathrin Sele, Christian Mahringer, Anja Danner-Schröder, Thomas Grisold, Birgit Renzl
Adopting a flat ontology, we discuss how phenomena of societal concern are connected to organizational routines. We conceptualize grand challenges as large patterns of actions to overcome the micro-macro divide prevalent in existing research. We introduce spatial, temporal, and agentic relations as three interrelated aspects of scale that are of particular interest and demonstrate how social phenomena may be approached through these relations. Focusing on the situated enactment of routines allows us to identify weakening and strengthening between actors and their actions as important processes that reflect the continuous patterning of grand challenges. We contribute to the literature by highlighting the consequentiality of mundane actions and by questioning the dominant approach to change in research on grand challenges. Our insights offer several practical implications for intervening on grand challenges.
{"title":"EXPRESS: We are all pattern makers! How a flat ontology connects organizational routines and grand challenges","authors":"Kathrin Sele, Christian Mahringer, Anja Danner-Schröder, Thomas Grisold, Birgit Renzl","doi":"10.1177/14761270231215685","DOIUrl":"https://doi.org/10.1177/14761270231215685","url":null,"abstract":"Adopting a flat ontology, we discuss how phenomena of societal concern are connected to organizational routines. We conceptualize grand challenges as large patterns of actions to overcome the micro-macro divide prevalent in existing research. We introduce spatial, temporal, and agentic relations as three interrelated aspects of scale that are of particular interest and demonstrate how social phenomena may be approached through these relations. Focusing on the situated enactment of routines allows us to identify weakening and strengthening between actors and their actions as important processes that reflect the continuous patterning of grand challenges. We contribute to the literature by highlighting the consequentiality of mundane actions and by questioning the dominant approach to change in research on grand challenges. Our insights offer several practical implications for intervening on grand challenges.","PeriodicalId":22087,"journal":{"name":"Strategic Organization","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134953436","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-06DOI: 10.1177/14761270231214429
Jesper N. Wulff, Luke Taylor
In management research, fixed alpha levels in statistical testing are ubiquitous. However, in highly powered studies, they can lead to Lindley’s paradox, a situation where the null hypothesis is rejected despite evidence in the test actually supporting it. We propose a sample-size-dependent alpha level that combines the benefits of both frequentist and Bayesian statistics, enabling strict hypothesis testing with known error rates while also quantifying the evidence for a hypothesis. We offer actionable guidelines of how to implement the sample-size-dependent alpha in practice and provide an R-package and web app to implement our method for regression models. By using this approach, researchers can avoid mindless defaults and instead justify alpha as a function of sample size, thus improving the reliability of statistical analysis in management research.
{"title":"EXPRESS: How and why alpha should depend on sample size: A Bayesian-frequentist compromise for significance testing","authors":"Jesper N. Wulff, Luke Taylor","doi":"10.1177/14761270231214429","DOIUrl":"https://doi.org/10.1177/14761270231214429","url":null,"abstract":"In management research, fixed alpha levels in statistical testing are ubiquitous. However, in highly powered studies, they can lead to Lindley’s paradox, a situation where the null hypothesis is rejected despite evidence in the test actually supporting it. We propose a sample-size-dependent alpha level that combines the benefits of both frequentist and Bayesian statistics, enabling strict hypothesis testing with known error rates while also quantifying the evidence for a hypothesis. We offer actionable guidelines of how to implement the sample-size-dependent alpha in practice and provide an R-package and web app to implement our method for regression models. By using this approach, researchers can avoid mindless defaults and instead justify alpha as a function of sample size, thus improving the reliability of statistical analysis in management research.","PeriodicalId":22087,"journal":{"name":"Strategic Organization","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135682329","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-01Epub Date: 2023-01-12DOI: 10.1177/14761270221124941
Estefania Amer, Jean-Philippe Bonardi
A growing literature investigates how activists launch attacks against firms to improve environmental practices, a situation typically referred to as "private politics." Whether firms self-regulate in response has been shown to depend on reputational risks. However, reputation management in this literature is mostly reactive, whereas firms could be expected to anticipate and prevent reputation loss when faced with the threat of activism. How they would do so is not obvious, nonetheless, because firms have to consider two opposite effects: (1) a "reputational damage mitigation" effect, through which firms can pre-emptively align to what is expected from them, and (2) a "target enhancing" effect, in which self-regulation makes firms more visible and likely to be criticized. We show, theoretically and empirically, that these two effects actually co-exist and create heterogeneity in firms' responses when they witness activist attacks in their industry. The real impact of activism on the development of more sustainable practices is thus not only greater than if we solely considered the responses of firms that suffer direct attacks, as many firms start self-regulating before being targeted, but also varies within industries.
{"title":"Firms, activist attacks, and the forward-looking management of reputational risks.","authors":"Estefania Amer, Jean-Philippe Bonardi","doi":"10.1177/14761270221124941","DOIUrl":"10.1177/14761270221124941","url":null,"abstract":"<p><p>A growing literature investigates how activists launch attacks against firms to improve environmental practices, a situation typically referred to as \"private politics.\" Whether firms self-regulate in response has been shown to depend on reputational risks. However, reputation management in this literature is mostly reactive, whereas firms could be expected to anticipate and prevent reputation loss when faced with the threat of activism. How they would do so is not obvious, nonetheless, because firms have to consider two opposite effects: (1) a \"reputational damage mitigation\" effect, through which firms can pre-emptively align to what is expected from them, and (2) a \"target enhancing\" effect, in which self-regulation makes firms more visible and likely to be criticized. We show, theoretically and empirically, that these two effects actually co-exist and create heterogeneity in firms' responses when they witness activist attacks in their industry. The real impact of activism on the development of more sustainable practices is thus not only greater than if we solely considered the responses of firms that suffer direct attacks, as many firms start self-regulating before being targeted, but also varies within industries.</p>","PeriodicalId":22087,"journal":{"name":"Strategic Organization","volume":null,"pages":null},"PeriodicalIF":4.9,"publicationDate":"2023-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10638090/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48620382","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-01DOI: 10.1177/14761270231207920
Glen W.S. Dowell, Oliver Alexy
{"title":"Themed issue: Political strategy in and by organizations","authors":"Glen W.S. Dowell, Oliver Alexy","doi":"10.1177/14761270231207920","DOIUrl":"https://doi.org/10.1177/14761270231207920","url":null,"abstract":"","PeriodicalId":22087,"journal":{"name":"Strategic Organization","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135566521","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-01DOI: 10.1177/14761270231199278
Geoffrey Love
Scholars have recently emphasized a need to advance the attention-based view to account for a new “post-Chandlerian” environment wherein firms organized along Chandlerian m-form lines are increasingly unable to cope with rapid and discontinuous changes and strategic issues that can emerge anywhere in the organization. This paper works to make such an advance by drawing on the underdeveloped idea of attentional control – that is direction of members’ attention - within the ABV. The paper develops the concept of attentional control systems and as its core contribution proposes that firms can use issue-specific emergent attentional control systems to address emergent strategic issues that are characteristic of post-Chandlerian environments. Key components of these systems include emergent, issue-specific communication channels, reconfigured roles, and interactive control practices. These three interrelated attentional control mechanisms enable attentional dynamism and high-quality attention to be directed towards emergent strategic issues, thus mediating effective strategic decision-making as well as resource commitment and ultimately enhancing strategic adaptation.
{"title":"EXPRESS: Attentional Control Systems for Emergent Strategic Issues in the Post-Chandlerian World","authors":"Geoffrey Love","doi":"10.1177/14761270231199278","DOIUrl":"https://doi.org/10.1177/14761270231199278","url":null,"abstract":"Scholars have recently emphasized a need to advance the attention-based view to account for a new “post-Chandlerian” environment wherein firms organized along Chandlerian m-form lines are increasingly unable to cope with rapid and discontinuous changes and strategic issues that can emerge anywhere in the organization. This paper works to make such an advance by drawing on the underdeveloped idea of attentional control – that is direction of members’ attention - within the ABV. The paper develops the concept of attentional control systems and as its core contribution proposes that firms can use issue-specific emergent attentional control systems to address emergent strategic issues that are characteristic of post-Chandlerian environments. Key components of these systems include emergent, issue-specific communication channels, reconfigured roles, and interactive control practices. These three interrelated attentional control mechanisms enable attentional dynamism and high-quality attention to be directed towards emergent strategic issues, thus mediating effective strategic decision-making as well as resource commitment and ultimately enhancing strategic adaptation.","PeriodicalId":22087,"journal":{"name":"Strategic Organization","volume":null,"pages":null},"PeriodicalIF":4.9,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49523999","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-29DOI: 10.1177/14761270231199760
Steven M. Gray, P. Boumgarden, R. Ranganathan, Laura Huang
Status dynamics play a critical role in venture capital (VC) syndication. Prior research on multiparty syndicates has shown how status differences among current syndicate members affect how the syndicate searches for new investors in later investment rounds. However, it is unclear how potential newcomers evaluate whether or not to join a syndicate based on the degree of status disparity among current syndicate members. We adopt an alter-centric approach by examining how an existing syndicate’s status disparity affects a potential newcomer’s willingness to join. For potential newcomers, we contend that syndicate status disparity is a double-edged sword, both deterring newcomers due to low perceptions of syndicate trust while simultanously attracting newcomers at the prospect of accessing diverse future investment opportunities. Whether the perceived costs of syndicate status disparity outweigh the perceived benefits for newcomers depends upon the degree of risk associated with the venture deal. Across two studies—a field experiment of 193 institutional investors and an archival study of 3,644 multiparty syndicates—we found that newcomers are attracted to syndicate status disparity when deal risk is low but deterred from syndicate status disparity when deal risk is high. Our paper highlights how newcomer additions to multiparty syndicates entail a complex interplay between features of co-investors and features of the venture deal.
{"title":"EXPRESS: An alter-centric perspective of status disparity and newcomer additions in multiparty syndicates","authors":"Steven M. Gray, P. Boumgarden, R. Ranganathan, Laura Huang","doi":"10.1177/14761270231199760","DOIUrl":"https://doi.org/10.1177/14761270231199760","url":null,"abstract":"Status dynamics play a critical role in venture capital (VC) syndication. Prior research on multiparty syndicates has shown how status differences among current syndicate members affect how the syndicate searches for new investors in later investment rounds. However, it is unclear how potential newcomers evaluate whether or not to join a syndicate based on the degree of status disparity among current syndicate members. We adopt an alter-centric approach by examining how an existing syndicate’s status disparity affects a potential newcomer’s willingness to join. For potential newcomers, we contend that syndicate status disparity is a double-edged sword, both deterring newcomers due to low perceptions of syndicate trust while simultanously attracting newcomers at the prospect of accessing diverse future investment opportunities. Whether the perceived costs of syndicate status disparity outweigh the perceived benefits for newcomers depends upon the degree of risk associated with the venture deal. Across two studies—a field experiment of 193 institutional investors and an archival study of 3,644 multiparty syndicates—we found that newcomers are attracted to syndicate status disparity when deal risk is low but deterred from syndicate status disparity when deal risk is high. Our paper highlights how newcomer additions to multiparty syndicates entail a complex interplay between features of co-investors and features of the venture deal.","PeriodicalId":22087,"journal":{"name":"Strategic Organization","volume":null,"pages":null},"PeriodicalIF":4.9,"publicationDate":"2023-08-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44697862","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-28DOI: 10.1177/14761270231189935
Ravi S. Kudesia, Tingting Lang
This article develops the attention-based view of crises. Crises implicate the failure of structures that shape attention throughout a system and initiate attempts to transform these structures. As crises are so influential, case studies of crisis provide rich details from which to build theory. Synthesizing insights from 80 qualitative case studies of crises, we build a theoretical framework that revitalizes scholarly understanding of how structure and attention relate in today’s complex systems. This framework reveals how everyday social practices instantiate structure, compose systems, and shape the quality of attention, such that practices constitute both a source and solution to crises. Understanding the systemic nature of attention through practices might therefore advance our collective capacity to face crises. It also contributes more broadly to ongoing conversations about how to apply the attention-based view in today’s world, where important organizations look less and less like traditional big businesses, notions of structure implied by formal organization charts are diminishingly relevant, and the quality of attention matters more than its quantity.
{"title":"Toward an attention-based view of crises","authors":"Ravi S. Kudesia, Tingting Lang","doi":"10.1177/14761270231189935","DOIUrl":"https://doi.org/10.1177/14761270231189935","url":null,"abstract":"This article develops the attention-based view of crises. Crises implicate the failure of structures that shape attention throughout a system and initiate attempts to transform these structures. As crises are so influential, case studies of crisis provide rich details from which to build theory. Synthesizing insights from 80 qualitative case studies of crises, we build a theoretical framework that revitalizes scholarly understanding of how structure and attention relate in today’s complex systems. This framework reveals how everyday social practices instantiate structure, compose systems, and shape the quality of attention, such that practices constitute both a source and solution to crises. Understanding the systemic nature of attention through practices might therefore advance our collective capacity to face crises. It also contributes more broadly to ongoing conversations about how to apply the attention-based view in today’s world, where important organizations look less and less like traditional big businesses, notions of structure implied by formal organization charts are diminishingly relevant, and the quality of attention matters more than its quantity.","PeriodicalId":22087,"journal":{"name":"Strategic Organization","volume":null,"pages":null},"PeriodicalIF":4.9,"publicationDate":"2023-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47574716","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-28DOI: 10.1177/14761270231199759
Serhan Kotiloglu, A. McDonald
Aligned with changing societal norms toward lesbian, gay, bisexual, and transgender (LGBT) individuals, many firms strive to become more inclusive toward their LGBT stakeholders. Despite this positive trend, not all firms embrace LGBT inclusion; some choose to be less inclusive. We assert that considering organizational factors can explain why such disparities exist. We used the organizational performance feedback theory (PFT) to understand the antecedents of LGBT inclusion in firms. PFT proposes that firm performance relative to an aspiration level drives organizational actions. Using the Human Rights Campaign (HRC) Corporate Equality Index (CEI) of 269 US firms between 2012–2020, we demonstrated that as firms’ financial performance decreases below aspirations, or as it increases above aspirations, LGBT inclusion decreases. We also showed that the firm’s prior LGBT inclusion performance feedback moderates these relationships. Our study has important implications for PFT and LGBT inclusion in firms.
{"title":"EXPRESS: Is LGBT Inclusion Motivated by Organizational Performance? Exploring the Relationships Between Performance Feedback and LGBT Inclusion in Firms","authors":"Serhan Kotiloglu, A. McDonald","doi":"10.1177/14761270231199759","DOIUrl":"https://doi.org/10.1177/14761270231199759","url":null,"abstract":"Aligned with changing societal norms toward lesbian, gay, bisexual, and transgender (LGBT) individuals, many firms strive to become more inclusive toward their LGBT stakeholders. Despite this positive trend, not all firms embrace LGBT inclusion; some choose to be less inclusive. We assert that considering organizational factors can explain why such disparities exist. We used the organizational performance feedback theory (PFT) to understand the antecedents of LGBT inclusion in firms. PFT proposes that firm performance relative to an aspiration level drives organizational actions. Using the Human Rights Campaign (HRC) Corporate Equality Index (CEI) of 269 US firms between 2012–2020, we demonstrated that as firms’ financial performance decreases below aspirations, or as it increases above aspirations, LGBT inclusion decreases. We also showed that the firm’s prior LGBT inclusion performance feedback moderates these relationships. Our study has important implications for PFT and LGBT inclusion in firms.","PeriodicalId":22087,"journal":{"name":"Strategic Organization","volume":null,"pages":null},"PeriodicalIF":4.9,"publicationDate":"2023-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47287628","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-24DOI: 10.1177/14761270231197995
Sarosh Asad, Jane Hennig, J. Oehmichen, Michael Wolff, Veronika Haas
How do board environmental experts influence corporate environmental performance? Drawing on the advisory role of the board, we examine this question and propose that board environmental expertise fosters attention toward stakeholders through the development of decision-makers’ knowledge structures and the identification of opportunities to address a wider range of stakeholders, ultimately contributing to stronger stakeholder orientation. Additionally, we theorize that board environmental expertise fosters substantive actions toward environmental performance by reducing information asymmetry and accurately assessing the risks of investing in pro-environmental initiatives. We also consider how the effects unfold in different institutional contexts. We theorize and find that national stakeholder salience increases attention pressure toward stakeholders and that environment-oriented legislation adds to the action pressure toward environmental performance. Our results, based on 11,634 firm-year observations from 15 countries between 2003 and 2016, support our theoretical predictions.
{"title":"EXPRESS: From Attention to Action: How Board Environmental Expertise Influences Corporate Environmental Performance","authors":"Sarosh Asad, Jane Hennig, J. Oehmichen, Michael Wolff, Veronika Haas","doi":"10.1177/14761270231197995","DOIUrl":"https://doi.org/10.1177/14761270231197995","url":null,"abstract":"How do board environmental experts influence corporate environmental performance? Drawing on the advisory role of the board, we examine this question and propose that board environmental expertise fosters attention toward stakeholders through the development of decision-makers’ knowledge structures and the identification of opportunities to address a wider range of stakeholders, ultimately contributing to stronger stakeholder orientation. Additionally, we theorize that board environmental expertise fosters substantive actions toward environmental performance by reducing information asymmetry and accurately assessing the risks of investing in pro-environmental initiatives. We also consider how the effects unfold in different institutional contexts. We theorize and find that national stakeholder salience increases attention pressure toward stakeholders and that environment-oriented legislation adds to the action pressure toward environmental performance. Our results, based on 11,634 firm-year observations from 15 countries between 2003 and 2016, support our theoretical predictions.","PeriodicalId":22087,"journal":{"name":"Strategic Organization","volume":null,"pages":null},"PeriodicalIF":4.9,"publicationDate":"2023-08-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49378363","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：